FORTUNE BRANDS HOME & SECURI (FBHS) Stock Technical Analysis
NYSE:FBHS - New York Stock Exchange, Inc. - US34964C1062 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to FBHS. FBHS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
70% of all other stocks performed better in the past year than FBHS.
FBHS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FBHS is lagging the market.
FBHS has an average volume of 1487850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FBHS is an average performer in the Building Products industry, it outperforms 51% of 42 stocks in the same industry.
In the last month FBHS has a been trading in the 59.10 - 67.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FBHS has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
52.90
99.92
We found 2 important support areas.
- A support zone ranging from 60.64 to 61.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.43 to 53.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @64.97 from a trend line in the daily time frame.
- A resistance zone ranging from 67.25 to 67.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @70.06 from a horizontal line in the daily time frame.
- Resistance @98.93 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FBHS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBHS is neutral. |
| ChartMill Relative Strength | 30.79 | NEUTRAL | FBHS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBHS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBHS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FBHS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.72 | NEUTRAL | The RSI value for FBHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests FBHS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.14 | NEUTRAL | The Stochastics value for FBHS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for FBHS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for FBHS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
61.9
-1.32 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-2.09%
1 Week3.44%
2 Weeks-5.26%
1 Month-8.05%
3 Month3.2%
6 Month6.25%
12 Month-38.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%3.44%
ATR Inc60.32%
Range Today2.85
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.79
Mansfield-1.06
10 Day High66.6
10 Day Low59.1
20 Day High67.18
20 Day Low59.1
52 Week High108.41
52 Week Low52.95
CS1 End61.27
CR1 Start64.97
Volume & EV
DER(3)-1.06%
DER(5)2.03%
Volume2.26M
Volume Incr53.44%
Vol(5)2.10M
Vol(50)1.49M